The weekly demand amount for a product is 2200 pieces and 12% of the incoming products are defective. The order cost is 1800tl, the unit inspection cost is 1,6tl, the repair cost of defective products is 12tl, the unit cost of the products is 30tl. The weekly inspection quantity is 6000 pcs, the weekly repair quantity is 3500 pieces. Since the unit stock cost is 2 TL, a) Find the economical order quantity and cycle time. b) Find the times T1, T2, T3. c) Find the total weekly cost.
The weekly demand amount for a product is 2200 pieces and 12% of the incoming products are defective. The order cost is 1800tl, the unit inspection cost is 1,6tl, the repair cost of defective products is 12tl, the unit cost of the products is 30tl. The weekly inspection quantity is 6000 pcs, the weekly repair quantity is 3500 pieces. Since the unit stock cost is 2 TL, a) Find the economical order quantity and cycle time. b) Find the times T1, T2, T3. c) Find the total weekly cost.
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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The weekly demand amount for a product is 2200 pieces and 12% of the incoming products are defective. The order cost is 1800tl, the unit inspection cost is 1,6tl, the repair cost of defective products is 12tl, the unit cost of the products is 30tl. The weekly inspection quantity is 6000 pcs, the weekly repair quantity is 3500 pieces. Since the unit stock cost is 2 TL,
a) Find the economical order quantity and cycle time.
b) Find the times T1, T2, T3.
c) Find the total weekly cost.
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